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You purchased 50 shares of Amazon.com common stock on margin at $300 per share. Assume the initial margin is 0.55 and the maintenance margin is
You purchased 50 shares of Amazon.com common stock on margin at $300 per share. Assume the initial margin is 0.55 and the maintenance margin is 0.4. You will get a margin call if the stock drops below ________. (Assume the stock pays no dividends, and ignore interest on the margin loan.
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